HARTFORD, WISC. (EXCERPTS FROM BIZTIMES.COM): At the urging of area employers, the city and other area stakeholders took steps to redevelop Hartford’s downtown. More than three years ago, the city hired urban planners Vandewalle & Associates Inc. to conduct a downtown opportunity analysis. The result has been two catalytic projects in downtown Hartford and more than 300 new apartment units either opened or planned within the past two years.
With a new developer in place, demolition of an existing structure at the southwest corner of Main and State Streets is slated to begin February 25 to make way for a five-story complex with 84 new luxury apartments on the site. The new project, known as Rincón 225, will offer luxury studio, one-, two-, and three-bedroom units.
The project was originally pitched by Brookfield-based Brayton Management Co. Inc. as a 74-unit building, but rework of the concept and sign-on with a new developer has increased the size to 84 units. Milwaukee-based Greywolf Partners Inc. is the new project developer and has tapped Consolidated Construction as the general contractor and Abacus Architects as the designer. In addition to adding more units, the project now also includes underground parking and additional amenities such as a workout room and a bike repair shop.
Marilyn Herzberg, president of Greywolf, said market research and testimony from business owners show there is a clear need for new upscale, smaller-unit housing in the downtown Hartford area.
“We believe this development in this special downtown location is the right fit,” Herzberg said in a statement. “The residents of Rincón 225 will be able to live in the heart of the community and walk or bike to downtown businesses and other area amenities.”
The project is scheduled to be completed in late spring 2020. You can read the full BizTimes article here.
